Purchase Order Financing
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FAQ About Purchase Order Financing
What is purchase order financing?
When a business doesn’t have the capital to fulfill orders, they can capitalize on the value of the purchase order itself in order to ensure the orders promised to clients are filled.
How do you qualify for PO financing?
With PO funding, the lender is primarily concerned that the borrower’s customers who are being invoiced are financially healthy, and able to make the invoice payments.
How long does the application process take for purchase order financing?
How do you use PO financing?
Is collateral required for purchase order financing?
Instead of using inventory, equipment, or real estate as collateral, you are able to capitalize on your existing purchase orders and obtain the funds you need in order to fill requisitions.